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Emeren Group (Emeren Group) Pretax Margin % : -62.85% (As of Sep. 2023)


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What is Emeren Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Emeren Group's Pre-Tax Income for the three months ended in Sep. 2023 was $-8.77 Mil. Emeren Group's Revenue for the three months ended in Sep. 2023 was $13.95 Mil. Therefore, Emeren Group's pretax margin for the quarter that ended in Sep. 2023 was -62.85%.

The historical rank and industry rank for Emeren Group's Pretax Margin % or its related term are showing as below:

SOL' s Pretax Margin % Range Over the Past 10 Years
Min: -17.22   Med: 1.72   Max: 17.36
Current: -2.58


SOL's Pretax Margin % is ranked worse than
68.36% of 983 companies
in the Semiconductors industry
Industry Median: 4.84 vs SOL: -2.58

Emeren Group Pretax Margin % Historical Data

The historical data trend for Emeren Group's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Emeren Group Pretax Margin % Chart

Emeren Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.06 -8.88 3.15 9.28 -4.29

Emeren Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.36 -2.93 -2.73 22.59 -62.85

Competitive Comparison of Emeren Group's Pretax Margin %

For the Solar subindustry, Emeren Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Emeren Group's Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Emeren Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Emeren Group's Pretax Margin % falls into.



Emeren Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Emeren Group's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-2.631/61.291
=-4.29 %

Emeren Group's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-8.766/13.948
=-62.85 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Emeren Group  (NYSE:SOL) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Emeren Group Pretax Margin % Related Terms

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Emeren Group (Emeren Group) Business Description

Traded in Other Exchanges
Address
100 First Stamford Place, Suite 302, Stamford, CT, USA, 06902
Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The company focuses on solar power project development, construction management, and project financing services with local professional teams in more than 10 countries.
Executives
Capital Management Shah director, 10 percent owner 8601 SIX FORKS ROAD, SUITE 630, RALEIGH NC 27615